Hong Kong
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Operations
Wallem Group appoints new ship management head
Wallem Group has appointed John-Kaare Aune as its new managing director of ship management. Aune is expected to take up…
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Greater China
Cheng takes cape hit with notable sales
Finally the first cape sales of 2019 are filtering through with the most notable deal involving Fred Cheng. The former…
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Greater China
The Captain’s Table: Shipping’s Dragon’s Den
Shipping now has its own version of the Dragon’s Den, the hit BBC show where tycoons invest in entrepreniual inventors.…
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Greater China
Valles exits dry bulk
One of Hong Kong’s oldest shipping companies, Valles Steamship, is exiting the bulker segment, laying all its money into tankers.…
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Greater China
AMP seals first acquisition of the year
One of Hong Kong’s largest handysize players, Asia Maritime Pacific (AMP), has sealed its first purchase in years. The Mark…
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Tech
Two HK shipping lines hacked within five minutes of ‘casual’ online browsing
Shipping’s poor cyber defences have been displayed once again with news two Hong Kong shipping lines had their passwords hacked…
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Greater China
Pacific Basin linked with another bulker buy
Hong Kong owner Pacific Basin has made its second acquisition in a week according to brokers. Seasure Shipbroking reports that…
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Greater China
Pacific Basin picks up Japanese ultramax pair from Tufton Oceanic
Hong Kong owner Pacific Basin has made its first acquisition of the year, snapping up a pair of ultramaxes from…
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Greater China
Maritime arbitration sees gradual shift to Asia
London might be losing its status as the major maritime arbitration centre in the future as Asian cities, include Singapore…
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Greater China
HK budget offers perks for marine insurers
The budget from the government in Hong Kong today renewed the city’s bid to be a marine insurance powerhouse. While…
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Greater China
Coles wields the axe at Wallem
Frank Coles has wasted little time in stamping his authority at Hong Kong’s Wallem Group. Coles, formerly with Transas, took…
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Greater China
Valles back in Japan for an aframax
Hong Kong’s Valles Steamship run by the Koo family has gone to Japan for its latest order. Brokers report that…
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Greater China
Reef damage feared as bulker grounds off the Solomon Islands
Reef damage is expected when authorities in the Solomon Islands finally get to survey the area where a bulker ran…
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Greater China
Competition Commission probes proposed Hong Kong port alliance
The move by four of the five terminal operators at Hong Kong port to join forces faces a hurdle as…
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Greater China
Blaze put out on Vietnamese tanker off Hong Kong
The Vietnamese product tanker that suffered a massive explosion while taking on bunker fuel near an outlying island in Hong…
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Greater China
Hong Kong port operators unite amid flagging volumes
The operators of what was once the world’s largest container port are coming together amid flagging volumes to try and…
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Greater China
Giant tanker explosion rocks outlying island off Hong Kong
The 2010-built product tanker caught fire following a massive explosion onboard near Hong Kong’s Lamma Island at around 11:30am this…
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Greater China
Maersk boxship covered in bunker fuel as HK authorities struggle to contain big spill
Authorities in Hong Kong spent Sunday containing a big bunker spill, which has already spread for a number of kilometres.…
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Greater China
Wah Kwong offloads handysize bulker
Hong Kong shipowner Wah Kwong Maritime Transport Holdings has sold 2012-built handysize bunker . The sale, which has been confirmed…
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Greater China
Wallem boss Coles lashes maritime technology vendors
Frank Coles, the new CEO of Wallem Group, has lashed maritime vendors across the world for failing to properly make…
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